Russian Federation: Finance and Banking

Russia's default on its foreign currency sovereign bonds is unprecedented and likely to lead to bondholder litigation as well as derivatives disputes.

Russian Arbitration Center at the Russian Institute of Modern Arbitration has published the digest of arbitration news for the last month.

Президент РФ подписал закон о...

Below we provide a more detailed description of the key measures envisioned by the roadmap.

The key to understanding how the transfer of immovable property and service provision works for specialised companies in Russia.

For better or worse, we live in an increasingly globalised world. And in the lifetime of many businesses, there comes a time when they need to expand into new markets in foreign lands.

President Trump has signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, introducing sweeping new tariffs of up to 100% on countries purchasing Russian energy and up to 500% on Russian-origin goods. The legislation also codifies existing executive order sanctions into statute, requiring congressional action to lift restrictions and creating mandatory secondary sanctions on foreign financial institutions transacting with designated Russian banks. Companies face immediate compliance challenge

Herbert Smith Freehills Kramer LLP have published an article in the Journal of International Banking Law and Regulation examining the development of English sanctions case law and the growing challenge...

Raiffeisenbank Russia informed today that from 2 September 2024, any outgoing cross-border transfers in any foreign currency will become unavailable to all clients of the bank, except for a limited number of corporate clients in the field of large and international business.

On 16 October 2018, a series of amendments to Russia's Federal Law No. 39-FZ took effect.

In August 2019 the president signed Federal Law 259-FZ of 2 August 2019 on Raising Investments via Investment Platforms and on Amending Certain Legislative Acts of the Russian Federation (Crowdfunding Law).

How have changing market conditions affected the growth of the Russian structured finance market?